Elbit Systems Gets $106 Million Subcontract From Brazilian Navy
– Elbit Systems will upgrade four Grumman C-1A aircraft at its M7 Aerospace unit in San Antonio, Texas. – Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) today More...
Meir Shamir Invests in Elbit Wearable Computing
Until a few years ago, wearable computing was practically in the realm of science fiction. Today, it’s already a trend. It may be at the very beginning of its journey, but there is no doubt that More...
Israeli government seeks buyer for The Military Industries
– According to estimates, the sale price for the company will be $675-$810 million. – The government has approached the world’s leading investment banks including UBS, HSBC, Merryl More...
Fars News: Israeli Hermes Drone Crashes in Iraq
Lebanon’s “Al-Mayadin” reports that a Hermes UAV was shot down near Baghdad Airport. An Israeli Hermes drone crashed close Baghdad Airport near the Iraqi capital, the Iranian news agency More...
Israeli Defense Industry Battle Tested and Ready to Cash In Big Time on Gaza War
Even if the 2015 defense budget is not dramatically increased, billions will still flow into IDF headquarters to cover the cost of this summer’s fighting in the Gaza Strip. It is reasonable to assume More...
Israel Defense Ministry mulls UK arms embargo threat
– Defense industry source: Companies may have to look elsewhere for spare parts. – The Ministry of Defense is keeping mum about threats by the UK of a partial arms embargo against Israel. The UK government’s More...
Largest Israeli IPO in US Mobileye Raised $890 Million with $7.6 Billion Value
– READ MORE: MobilEye Hopes To Be Worth More Than $2.7 Billion After Its IPO Mobileye Files To Raise $100 Million In NYSE IPO Israel’s MobilEye Expects To Raise $1 Billion In Its IPO Mobileye Raises More...
Report: Chinese Hackers Penetrated Rafael Network, Stole Iron Dome Secrets
– Three Israeli defense contractors responsible for building the “Iron Dome” missile shield, blocking rocket attacks from the Gaza Strip, were compromised by hackers and robbed of sensitive documents More...
Philippines Armed Forces Awards $20 million Contract To Israeli Elbit Systems
– The company won a $20 million contract to supply upgraded APCs. – Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) said it won a contract worth $20 million for the supply of upgraded armoured personnel More...
Israel Is A Nanotech Nation
– 206 start-ups have been founded in the past six years. – – In the six years since nanotechnology was declared a national research priority, government agencies have invested $107 million More...